Telestream Debuts Telestream Cloud, High Quality SaaS (software-as-a-service) for Video Encoding in the Cloud

Nevada City, California, April 7, 2016At NAB 2016 on booth SL 4525, Telestream, a global market leader in video transcoding and workflow automation solutions, will debut Telestream Cloud, a video encoding SaaS (software as a service) ideally suited to meet the needs of video production and post production professionals.  Telestream Cloud features support for the popular Apple ProRes video format, and extends the reach of encoding capabilities to a wider audience seeking Telestream quality encoding, while offering cloud-encoding scalability for current users.

Telestream Cloud LogoTelestream’s Cloud service offers high quality video transcoding for all formats and codecs, and dynamically scales in response to customer requirements. The service utilizes an easy yet powerful API to automate and integrate into customer workflows. File transfer and encoding times are optimized from any location since Telestream Cloud leverages multiple cloud service providers including Google Cloud Platform, Amazon Web Services and Rackspace.

Telestream Introduces ProRes Support to Telestream Cloud

Telestream’s cloud-based transcoding service provides users with a fast, intuitive and highly cost-effective means to start producing ProRes output. For media that resides in the cloud and is destined for OTT distribution, Telestream Cloud takes a fraction of the time to commission and operate compared with an on-premises approach. Telestream Cloud pricing is structured as pay-as you-go monthly subscriptions for quick scaling as your workflow changes with no upfront expenses.

Telestream Cloud features certified ProRes presets to deliver high quality video files that conform to Apple standards and ensures trouble free, cost efficient post-production on Apple’s Final Cut Pro platform, as well as other popular editing software packages. Telestream Cloud supports Apple ProRes 422 Proxy, LT, SQ, HQ with resolutions up to 4K.

“Since its introduction, ProRes has revolutionized the post market, fundamentally changing the toolkit available to the widest audience of pro editors, and has become a standard mezzanine format for many media workflows,” commented Barbara DeHart, VP Desktop and Cloud Businesses at Telestream. “Now, Telestream is providing new impetus to this revolution, providing confidence of error free encoded files that unauthorized implementations might produce. Our elegant Cloud infrastructure offers all users a low-cost means of producing high quality ProRes files for their media workflows.”

Telestream Cloud Product Sheet

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Telestream Acquires Cloud Encoding Specialist PandaStream and Launches Telestream Cloud

Together creating the industry’s broadest and most advanced encoding solutions.

Nevada City, Calif., November 2nd, 2015 –Telestream®, the leading provider of video transcoding and workflow automation solutions, today announced the acquisition of Cloud-based encoding provider, PandaStream. The result of a comprehensive investigation of key suppliers in the cloud-based encoding market, the acquisition accelerates Telestream’s strategy for providing cloud services to complement its on-premise solutions.

 

As a direct result of this acquisition, Telestream is also announcing the launch of Telestream Cloud, a new software-as-a-service (SaaS) offering that builds on Telestream’s significant position and long history in transcoding. This new platform makes the PandaStream encoding capabilities available under the Telestream brand today and will serve as the foundation for future offerings in the cloud.

 

PandaStream services and technology have been developed by an impressive team of experts with significant experience in building scalable cloud infrastructure. PandaStream’s encoding at scale, ease of use and cost efficiency combined with Telestream’s broad set of encoding products means Telestream customers have access to the most advanced encoding portfolio available.

 
“After careful investigation of the market and consideration of various companies, we identified PandaStream as a very good fit for our needs. This acquisition fast tracks the development of our existing cloud strategy, enabling the immediate launch of Telestream Cloud. By acquiring PandaStream, we are achieving a quantum progression in our cloud development objectives for both our enterprise and desktop product families,” stated Dan Castles, Chief Executive Officer of Telestream.

 
Using the PandaStream architecture, Telestream Cloud offers a globally distributed, VOD encoding platform that dynamically scales in response to customer requirements. File transfer and encoding times are optimized from any location since Telestream Cloud leverages multiple cloud service providers including Google Cloud Platform, Amazon Web Services and Rackspace.

 
“Telestream can now provide video transcoding anywhere and everywhere – on your desktop, in your facility’s server room or in the cloud,” said Shawn Carnahan, Chief Technology Officer at Telestream. “In the longer term, this acquisition opens up new opportunities for Telestream customers across every market we serve.”

 
Existing PandaStream customers can expect the same products and services they have enjoyed under the Panda brand. Using the new cloud infrastructure, Telestream will be rolling out additional services over time. The PandaStream team will transition to a separate business unit within Telestream over the next couple of weeks. More information is available at www.telestream.net.

 

Trademarked company and product names are the property of their respective companies.

 

About Telestream

Telestream provides world-class live and on-demand digital video tools and workflow solutions that allow consumers and businesses to transform video on the desktop and across the enterprise. Many of the world’s most demanding media and entertainment companies as well as a growing number of users in a broad range of business environments, rely on Telestream products to streamline operations, reach broader audiences and generate more revenue from their media. Telestream products span the entire digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; captioning; playback and inspection, delivery, and live streaming; as well as automation and orchestration of the entire workflow. Telestream corporate headquarters are located in Nevada City, California. The company is privately held. For more information, visit www.telestream.net.

 

For more information, please contact:

Telestream
 North America EMEA & APAC 
Veronique Froment or Doug Hansel Bob Charlton
veronique@highrezpr.com bob@scribe-pr.com
Doug@highrezpr.com +44 20 7084 6335
+1 603-537-9248

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